The first step to successfully securing your business. Your Challenge A security risk management process, in conjunction with an overall Enterprise Risk Management (ERM) strategy, is the first step in truly getting proactive about protecting your assets. Today’s threat landscape is too unpredictable not to have a plan in place. Security risk management does not always require third-party consultants. It can be done in-house if you invest the time. Our Advice Critical Insight Once you identify your risks, you can make better spending choices instead of attempting to do too much and over-engineering your security portfolio, or underestimating and under-engineering it. Knowing the big picture helps you align with business goals more succinctly. Transparency in security practices are becoming more of a requirement for customers so having a comprehensive program can create competitive advantage. Impact and Result Develop a comprehensive plan for assessing risks without getting lost in the weeds. Minimize unnecessary spend and maximize cost effectiveness by establishing a risk mitigation roadmap and focusing on the truly important issues. Establishing successful strategies for properly communicating the program and its results with key stakeholders to continue fostering the integration of risk management into overall business practices.